Create Medic Co., Ltd. Reports Consolidated Earnings Results for the Year Ended of December 2019; Provides Earnings Guidance for the Six Months Ending of June 2019 and Full Year Ending of December 2019
February 12, 2019 at 09:30 pm EST
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Create Medic Co., Ltd. reported consolidated earnings results for the year ended of December 2018. For the period, the company reported net sales of JPY 10,796 million compared to JPY 10,393 million a year ago. Operating profit was JPY 993 million compared to JPY 854 million a year ago. Ordinary profit was JPY 999 million compared to JPY 880 million a year ago. Profit attributable to owners of parent was JPY 672 million compared to JPY 467 million a year ago. Basic earnings per share were JPY 72.20 compared to JPY 50.23 a year ago.
The company provided earnings guidance for the six months ending June 2019 and full year ending December 2019. For the six months ending of June 2019, the company expects net sales of JPY 5,152 million, operating profit of JPY 361 million, ordinary profit of JPY 368 million, profit attributable to owners of parent expected of JPY 254 million and basic earnings per share of JPY 27.27.
For the full year ending December 2019, the company expects net sales of JPY 10,930 million, operating profit of JPY 1,000 million, ordinary income of JPY 1,010 million, profit attributable to owners of parent of JPY 700 million and basic earnings per share of JPY 75.14.
CREATE MEDIC CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of medical devices. Its main products include urinary drainage, such as transurethral and nephrostomy; PEG related products; endoscopic products, such as esophagus and stomach; intestinal treatment-devices, such as small intestine and large intestine; anesthesiology products, such as endotracheal tubes and tracheostomy tubes, IVR devices, among others products.
Create Medic Co., Ltd. Reports Consolidated Earnings Results for the Year Ended of December 2019; Provides Earnings Guidance for the Six Months Ending of June 2019 and Full Year Ending of December 2019